South Korea leads in global imports of carbonized wool with a significant margin, standing at $116.06 million in 2023, with a year-on-year increase of 2.85%. Japan and Italy follow with $25.557 million and $20.441 million, showing declines of -0.92% and -2.25% respectively. Germany shows moderate growth at 4.16%, while the United States has a slight increase of 1.77%. Smaller importers like the Czech Republic, Spain, and New Zealand show positive growth, whereas countries like India and the United Kingdom experienced declines of -3.73% and -11.8% respectively. Notably, China saw a dramatic drop of -55.57%, while Norway surged by 27.26%.
Over the next few years, it will be crucial to monitor economic factors affecting key importers such as South Korea and Japan. Emerging markets like Serbia, which saw a growth of 15.75%, and newly significant importers like Namibia with a 14.55% increase, may present new opportunities. Watch for changes in trade policies, market demands, and the impact of sustainability practices on the global carbonized wool market.
Top countries in Import of Carbonized Wool by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 116,060,000 | 2023 | +2.95% | +2.85% | View data |
| 2 | 2 Japan | 25,557,000 | 2023 | +1.66% | -0.92% | View data |
| 3 | 3 Italy | 20,441,000 | 2023 | +0.032% | -2.25% | View data |
| 4 | 4 Germany | 9,856,300 | 2023 | -0.41% | +4.16% | View data |
| 5 | 5 United States | 2,549,900 | 2023 | +0.8% | +1.77% | View data |
| 6 | 6 France | 1,185,900 | 2023 | +1.05% | +0.88% | View data |
| 7 | 7 Czech Republic | 1,179,700 | 2023 | +1.86% | +2.22% | View data |
| 8 | 8 Spain | 1,064,500 | 2023 | +3.93% | +0.23% | View data |
| 9 | 9 Pakistan | 918,380 | 2023 | -2.13% | +0.25% | View data |
| 10 | 10 New Zealand | 506,200 | 2023 | +2.95% | +1.98% | View data |
